Radyne ComStream Announces $1.2 Million Satellite Modem Contract

Share Name	Share Symbol	Market	Type
Radyne Comstream Wts 2/05 (MM)	NASDAQ:RADNW	NASDAQ	Common Stock

Radyne Comstream Wts 2/05 (MM) (NASDAQ:RADNW)
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Radyne ComStream Announces $1.2 Million Satellite Modem Contract PHOENIX, Nov. 14 /PRNewswire-FirstCall/ -- Radyne ComStream (Nasdaq: RADN; Warrants: RADNW) today announced a $1.2 million Award from a major trading company of The Peoples Republic of China. The award is for the supply of Radyne's newest satellite modem, the DMD20, which provides the widest range of possible configurations available in the world. Delivery will be completed during this year. Radyne ComStream's DMD20 is the latest satellite modem in a long line of successful modems installed in over 100 countries throughout the world. "This is the largest contract to date for Radyne ComStream's DMD20 new modem system in China. The DMD20, being selected by this customer over other competing solutions, validates our approach to developing the most universal modem that will meet all user requirements in a single box," said Bob Fitting, CEO. "This is the fourth modem contract awarded to us by this customer's end user and I believe it shows the large potential for future business with our latest product. We are well positioned with our DMD20 to address the growing Asian satellite markets." "We feel the Radyne ComStream product line is ideally suited for our satellite applications, and we are looking forward to a long term relationship with Radyne ComStream," stated a trading company spokesperson. About Radyne ComStream Radyne ComStream designs, manufactures and markets satellite Internet- infrastructure equipment, satellite broadband modems, multicasting receivers, and ancillary products for digital TV, data and telephone service. The company, through the Tiernan subsidiary ( http://www.tiernan.com/ ), is a supplier of HDTV and SDTV encoding and transmission equipment. The Armer subsidiary ( http://www.armercom.com/ ) provides innovative solutions for the integration and installation of turnkey communications systems. The company has offices in the U.S. located in Phoenix and San Diego, and internationally in Singapore, Beijing, Jakarta and London. The company also has sales and/or service centers in Rio de Janeiro, Bangalore, Shanghai and Moscow. For more information visit our web site at http://www.radynecomstream.com/ . Safe Harbor Paragraph for Forward-Looking Statements This press release includes statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Reform Act") and Radyne ComStream claims the protection of the safe-harbor for forward-looking statements contained in the Reform Act. These forward-looking statements are often characterized by the terms "may," "believes," "projects," "expects," or "anticipates," and do not reflect historical facts. Specific forward-looking statements contained in this press release include, but are not limited to, Radyne ComStream's belief that the current and prior orders from the customer is the first of more orders to come, that the delivery of the current order will be completed this fiscal year and that they will award future orders to Radyne ComStream based upon prior relationships. Forward-looking statements involve risks, uncertainties and other factors that may cause actual results, performance or achievements of Radyne ComStream and its subsidiaries to be materially different from those expressed or implied by such forward-looking statements. Factors that could affect Radyne ComStream's results and cause them to materially differ from those contained in the forward-looking statements contained herein include, without limitation, the possibility that the Chinese customer may not, in fact, have future requirements beyond this order, that the delivery of this order will be completed during this fiscal year and that the customer will choose Radyne ComStream for future installments of equipment requirements if further requirements materialize. Other factors that may affect forward-looking statements and the Company's business generally include but are not limited to: -- Prospects of the international markets and global economy given that Radyne ComStream depends heavily on international sales. -- A downturn in the evolving telecommunications and Internet industries. -- Risk factors and cautionary statements made in Radyne ComStream's Annual Report on Form 10-K for the period ended December 31, 2002 and in its' Quarterly Report of Form 10-Q for the period ended June 30, 2003. -- Other factors that Radyne ComStream is currently unable to identify or quantify, but may exist in the future. Forward-looking statements speak only as of the date the statement was made. Radyne ComStream does not undertake and specifically declines any obligation to update any forward-looking statements. For further information, please contact: Garry Kline, Vice President - Corporate Controller of Radyne ComStream, +1-602-437-9620. DATASOURCE: Radyne ComStream CONTACT: Garry Kline, Vice President - Corporate Controller of Radyne ComStream, +1-602-437-9620 Web site: http://www.armercom.com/ Web site: http://www.tiernan.com/ Web site: http://www.radynecomstream.com/

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RADNW Radyne Comstream Wts 2/05 (MM)